Section 13.49 Time Limit for Proving Existence of Lineal Descendants

• Library: Trusts and Powers 2013 Supp

7. (§13.49) Time Limit for Proving Existence of Lineal Descendants

In some circumstances, under § 461.045, RSMo 2000 (discussed in §13.55 below), or under the transferring entity’s rules, the contract, or the beneficiary designation, the share of a designated beneficiary who predeceased the owner goes to their lineal descendants per stirpes. The transferring entity has no duty to attempt to locate any beneficiary or lineal descendant substitute or to determine whether there were any lineal descendants who...